…a risky strategy which reduces the debt in expected value, we can be sure it is risky, but can’t know about expected values or even our agent’s subjective expected value….

…something more precise: perfect markets, with ownership, in which individuals compete with others to produce stuff, and store up savings. You can see this kind of perfect world in agent-based…

…two sets of agents were identified. One was fundamentalists whose behavior is stabilizing and tends to push the market back toward its fundamental (assuming there really is such a thing),…

…perfect world in agent-based simulations like Sugarscape. Start with a bunch of sugar farmers trying to accumulate sugar in an artificial world, hit Go, and watch what happens. Here’s what…

…which we should use Bayes formula and don’t always include strong assumptions about the data generating process (and Monte Hall US citizen, human being and free and equal agent was…

…a former British MI6 agent who focused on Russia, and long accepted by all US intel agencies as a reliable source from our supposedly closest ally (aside from possibly now…

…Schuette since last month’s primary shows the problem-solving message is resonating, but “not for one second” will she let up less than two months until Election Day. She dismissed as…

…that long term public debt problems could be relieved (or eliminated) if Treasuries issued more low return bonds and purchased a diversified portfolio of risky assets. The common response seems…

…centennial and also the 243rd birthday of the U.S. Marines. Yes, Bill was a Marine and was in Vietnam where he was exposed to Agent Orange that led him to…

Visa Restrictions And Intellectual Degradation I am in New York attending the Eastern Economic Association meetings. I was in an agent-based modeling session in which two partticipants participated by internet…